What started as a modest regional outfit in the 1960s is now a publicly listed small-cap supported by a large group. Accreditations in aerospace and railways signal intent beyond domestic boundaries, while exports now make up nearly 10% of income. The figures show a dramatic recovery: Sales up 3x since FY21, earnings rising 5x, and return on capital nearing 35%. With thin trading activity on the BSE, patience matters, but for long-horizon investors the OEM clientele, EV preparedness, and consistent R&D spending present a persuasive argument.
This series on auto ancillary firms assumes that, from the entire universe of auto ancillary companies, a few multibagger stocks will surface. And some firms in this sector face the risk of insolvency.
Every now and then, a company slips below the radar, quietly strengthening its credentials while the market pays it little attention. It doesn’t pursue headlines, yet over time it accumulates the kind of confidence and recognition that even larger competitors find hard to achieve. Investors who discover such stories often ask: Has the market simply not noticed yet, or is this the sort of hidden opportunity that only patience can reveal?
See also: Tesla Loses EV Dominance as Competitors Gain Ground
Sustainability advocate with a keen eye on policies, trends, and real-world EV impact.
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